Foresight Ski Guides Inc

Analysis

Foresight Ski Guides Inc is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Foresight Ski Guides Inc reported income of $410k and spending of $411k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $286k to $410k (+43%), an average of +9.4% a year. The sharpest change came in the year to September 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foresight Ski Guides Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Mary McLeod-Bethune Intervention & Enrichment Center ($410k), Dallas Hope Charities ($410k) and Bright Path Center ($410k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (16% of expenses). It paid $1,406 in professional fundraising fees. At year end it held assets of $32k against liabilities of $2,829, net assets of $29k. It reported 1 employees.